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What is the APR on a loan with an effective annual rate of 15.11% and weekly compounding of interest? (Assume 52 weeks in a year.

What is the APR on a loan with an effective annual rate of 15.11% and weekly compounding of interest? (Assume 52 weeks in a year. Do not round intermediate calculations. Round your answer to 2 decimal places.) 14.09% O 12.09% 12.59% 13.09%

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